sub-Saharan African countries on the relative importance of fiscal and monetary determinants of inflation. Based on the … dynamic response of inflation to different shocks, including nominal public debt, results show that a number of SSA countries …

This paper argues case that a tighter fiscal policy stance can meaningfully support central banks in fighting inflation … more effective than fiscal policy in battling inflation in open economies due to the exchange rate channel, we show that a …

This paper investigates the impact of fiscal shocks on inflation, using a large panel of 139 countries over the period … 1970-2021. First, both headline and core measures of inflation increase in response to expansionary shifts in the fiscal … economic conditions, as well as monetary policy type, exchange rate regimes and fiscal rules, at the time of the shock. We …

a very low coefficient on inflation, which minimizes real wage volatility. The welfare gains of optimizing the fiscal …

a freely floating exchange rate, an explicit target for inflation, and a mechanism than ensures a stable government debt …